Domestic CV industry to grow by 6-7% in FY 2018: ICRA

Pent-up demand post-GST and replacement cycle to drive sales Domestic commercial vehicle sales seem to be…

Anti-dumping duty on Chinese tyre imports to boost local product demand: ICRA

The Government has re-imposed anti-dumping duty (ADD) on import of new Chinese truck and bus radial…

Pre-buying ahead of BS IV remains key demand driver in the current quarter: ICRA

After a healthy growth in the first quarter, the commercial vehicle (CV) industry suffered due to…

BREXIT unlikely to have a major impact on Indian Auto Component Manufacturers – ICRA

While EU accounts for almost 36% of India’s auto component exports, the share of UK in…

Auto component sector to register 8-10% growth in FY2017: ICRA

ICRA expects the Indian auto component industry to gain momentum and register a growth of 8-10…

ICRA: Auto Component industry margins expand on commodity support despite weak top line momentum

ICRA’s study of 48 publicly listed auto ancillaries reveal commodity linked margin expansion which has eclipsed…

ICRA expects M&HCV Trucks to grow by 19-21% in FY16

ICRA expects the M&HCV (Trucks) industry to grow by 19-21 % in FY16 owing to improving…

Distinct signs of revival in CV industry: ICRA

ICRA expects a gradual revival in commercial vehicle demand and the credit profile of CV OEMs…